Statements contained in this material, particularly those regarding the possible or assumed future performance, costs, dividends, returns, production levels or rates, prices, reserves, divestments,
growth of the organization making this presentation, industry growth or other trend projections and any estimated company earnings are or may be forward looking statements and as such involve risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these statements depending on a variety of factors.

This material is presented by NASDAQ who make no representation or warranty regarding the accuracy or liability or completeness of any information provided and any reliance you place on such information will be at your sole risk.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security

Product descriptione.g. CFD

Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit(GBP)

48/7p ordinary

CFD

Increasing a short position

13,066

2.1063

48/7p ordinary

CFD

Opening a long position

998

2.1048

48/7p ordinary

CFD

Increasing a short position

317,712

2.1063

48/7p ordinary

CFD

Increasing a short position

1,053

2.1063

48/7p ordinary

CFD

Increasing a short position

673

2.1063

48/7p ordinary

CFD

Increasing a short position

14,818

2.1063

48/7p ordinary

CFD

Increasing a short position

17,931

2.1063

48/7p ordinary

CFD

Increasing a short position

609

2.1063

48/7p ordinary

CFD

Increasing a short position

13,090

2.1063

48/7p ordinary

CFD

Increasing a short position

4,890

2.1063

48/7p ordinary

CFD

Increasing a short position

1,561

2.1063

48/7p ordinary

CFD

Increasing a short position

1,801

2.1063

48/7p ordinary

CFD

Reducing a short position

152,560

2.1063

48/7p ordinary

CFD

Increasing a short position

9,871

2.1063

48/7p ordinary

CFD

Opening a short position

100,045

2.1070

48/7p ordinary

CFD

Opening a long position

16,279

2.1050

48/7p ordinary

CFD

Reducing a long position

12,072

2.1057

48/7p ordinary

CFD

Opening a long position

20,690

2.1050

48/7p ordinary

CFD

Reducing a long position

14,985

2.1057

48/7p ordinary

CFD

Opening a long position

2,625

2.1050

48/7p ordinary

CFD

Reducing a long position

1,911

2.1057

48/7p ordinary

CFD

Reducing a short position

4,800

2.1074

48/7p ordinary

CFD

Opening a long position

3,948

2.1050

48/7p ordinary

CFD

Reducing a long position

2,869

2.1057

48/7p ordinary

CFD

Reducing a long position

3,789

2.1057

48/7p ordinary

CFD

Opening a long position

7,226

2.1050

48/7p ordinary

CFD

Opening a long position

1,051

2.1050

48/7p ordinary

CFD

Reducing a long position

1,105

2.1057

48/7p ordinary

CFD

Reducing a long position

2,992

2.1057

48/7p ordinary

CFD

Reducing a short position

7,700

2.1074

48/7p ordinary

CFD

Increasing a short position

3,000

2.1074

48/7p ordinary

CFD

Reducing a short position

1,900

2.1074

48/7p ordinary

CFD

Closing a short position

297

2.1048

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Typee.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product descriptione.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealinge.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state "none"

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES/NO

Date of disclosure:

13th February 2018

Contact name:

Matthew Irwin

Telephone number:

02071447255

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security

Product descriptione.g. CFD

Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit(GBP)

48/7p ordinary

CFD

Increasing a short position

13,066

2.1063

48/7p ordinary

CFD

Opening a long position

998

2.1048

48/7p ordinary

CFD

Increasing a short position

317,712

2.1063

48/7p ordinary

CFD

Increasing a short position

1,053

2.1063

48/7p ordinary

CFD

Increasing a short position

673

2.1063

48/7p ordinary

CFD

Increasing a short position

14,818

2.1063

48/7p ordinary

CFD

Increasing a short position

17,931

2.1063

48/7p ordinary

CFD

Increasing a short position

609

2.1063

48/7p ordinary

CFD

Increasing a short position

13,090

2.1063

48/7p ordinary

CFD

Increasing a short position

4,890

2.1063

48/7p ordinary

CFD

Increasing a short position

1,561

2.1063

48/7p ordinary

CFD

Increasing a short position

1,801

2.1063

48/7p ordinary

CFD

Reducing a short position

152,560

2.1063

48/7p ordinary

CFD

Increasing a short position

9,871

2.1063

48/7p ordinary

CFD

Opening a short position

100,045

2.1070

48/7p ordinary

CFD

Opening a long position

16,279

2.1050

48/7p ordinary

CFD

Reducing a long position

12,072

2.1057

48/7p ordinary

CFD

Opening a long position

20,690

2.1050

48/7p ordinary

CFD

Reducing a long position

14,985

2.1057

48/7p ordinary

CFD

Opening a long position

2,625

2.1050

48/7p ordinary

CFD

Reducing a long position

1,911

2.1057

48/7p ordinary

CFD

Reducing a short position

4,800

2.1074

48/7p ordinary

CFD

Opening a long position

3,948

2.1050

48/7p ordinary

CFD

Reducing a long position

2,869

2.1057

48/7p ordinary

CFD

Reducing a long position

3,789

2.1057

48/7p ordinary

CFD

Opening a long position

7,226

2.1050

48/7p ordinary

CFD

Opening a long position

1,051

2.1050

48/7p ordinary

CFD

Reducing a long position

1,105

2.1057

48/7p ordinary

CFD

Reducing a long position

2,992

2.1057

48/7p ordinary

CFD

Reducing a short position

7,700

2.1074

48/7p ordinary

CFD

Increasing a short position

3,000

2.1074

48/7p ordinary

CFD

Reducing a short position

1,900

2.1074

48/7p ordinary

CFD

Closing a short position

297

2.1048

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Typee.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product descriptione.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealinge.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state "none"

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES/NO

Date of disclosure:

13th February 2018

Contact name:

Matthew Irwin

Telephone number:

02071447255

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.